Kwasi Kwarteng crashes the bond market love-in

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The problem is the reluctance to raise base rates to the realistic levels appropriate for a poorly performing economy like the UK. By trying not to overshoot, this is putting the stresses into the bond market and debt financing. Something has to give.

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Another 300 mortgage deals pulled of market and 40% of deals have disappeared since mini-budgetAnother 300 mortgage deals have been pulled from the market as 40% of deals have disappeared since the mini-budget last Friday. Well this is going well isn't it we must have an election now
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